Robertson Stephens Wealth Management LLC Has $1.53 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Robertson Stephens Wealth Management LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,449 shares of the exchange traded fund’s stock after buying an additional 2,568 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,528,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. PGIM Custom Harvest LLC grew its stake in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. PGIM Custom Harvest LLC now owns 4,311,874 shares of the exchange traded fund’s stock valued at $452,402,000 after buying an additional 81,615 shares during the last quarter. International Assets Investment Management LLC grew its stake in iShares U.S. Technology ETF by 13,488.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock valued at $140,591,000 after buying an additional 1,136,916 shares during the last quarter. CWM LLC grew its stake in iShares U.S. Technology ETF by 50.1% in the 4th quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock valued at $132,415,000 after buying an additional 360,020 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,004,033 shares of the exchange traded fund’s stock valued at $105,271,000 after buying an additional 9,630 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in iShares U.S. Technology ETF by 5.5% in the 3rd quarter. Royal Bank of Canada now owns 909,070 shares of the exchange traded fund’s stock valued at $95,379,000 after buying an additional 47,666 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW traded up $1.38 during midday trading on Thursday, reaching $128.33. The stock had a trading volume of 326,796 shares, compared to its average volume of 887,048. iShares U.S. Technology ETF has a 1-year low of $90.76 and a 1-year high of $137.54. The firm’s fifty day simple moving average is $132.81 and its 200-day simple moving average is $124.27. The stock has a market capitalization of $15.77 billion, a P/E ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).